As part of Morocco’s preparation to host the 2030 FIFA World Cup with plans to double its hotel capacity by adding 1.5 million new rooms, the kingdom has made multiple agreements with the UAE, highlighted at the New Horizons event in Casablanca, as part of the nation’s strategic partnerships to welcome an estimated 26 million tourists for the tournament.
Anas Guennoun, Vice President of CGEM, told Arabian Business, “We have an over $50 billion investment program that is only being dedicated to the World Cup…And obviously, this cannot be done without a partner.”
The official added, “When you think of partners, especially in Morocco, the top country that pops up is the United Arab Emirates, this memorandum of understanding is evidence that the private sector will be fully involved in this big partnership between our two countries.”
Statements were made during the New Horizons event in Casablanca, which aimed to promote collaboration between business communities in Morocco and Dubai across various sectors, mainly renewable energy, digital technology, and tourism infrastructure. The trade mission was part of Dubai Chambers’ broader initiative, during which multiple agreements were signed between the two countries.
Guenon told the same source that the kingdom is targeting to double the number of tourists to reach 25-26 million by 2030. He added that Dubai has a global reputation in tourism and major event hosting. The official added that the kingdom views Dubai as the ideal partner for mega-projects like the world’s largest stadium planned for the Ben Slimane region near Casablanca.
Hassane Berkani, President of the Casablanca Chamber of Commerce, told the Arabian Business about the strong interest in collaboration across travel, tourism, and real estate. He emphasized the exciting opportunities for building stadiums, hotels, and other properties. Berkani confirmed high anticipation for Dubai’s investment in Morocco’s World Cup plans, expecting numerous Emirati businesses to operate in Morocco, particularly those specializing in infrastructure and event planning.
Noting that the Emirates is already Morocco’s largest Arab investor at over $30 billion a figure that is expected to significantly increase with these major agreements.
add your comment
Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racist incitement and insults.